Goldman Sachs: India needs to create 10 million jobs/year
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Goldman Sachs estimates India needs to create 10 million jobs annually to sustain 6.5% GVA growth. Key policy recommendations include incentivizing affordable social housing, diversifying IT hubs to smaller cities, and reallocating fiscal incentives towards labour-intensive manufacturing sectors to boost employment.
The Reserve Bank of India announced a new option for foreign portfolio investors exceeding the 10 per cent investment limit. They can now divest their […]
Global water technology company AO Smith Corporation completed its acquisition of Pureit, the water purification business of HUL, for approximately $120 million in cash. This […]
ICICI Bank has scheduled RTGS maintenance on December 14, 2024, and on December 15, 2024, delaying incoming and outgoing transactions. Customers can still use NEFT, […]
